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What can you do to stop the sale of your property and how much time do you have?
Wiki User
∙ 19y ago
who is selling it and why? Is it being foreclosed? If so... you can find another family member or something to buy the home, try and refinance it , or try to catch up on deliquent bills with the mortgagee. If it is in foreclosure you can file a chapter 13. It will stop the sale the very same day.
Wiki User
∙ 19y ago
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How long will you credit be messed up if you are doing short sale?
A short sale is an option when a property owner is not able to afford the obligations of a loan. The amount of time a short sale is on a credit report can be answered by a lawyer who is assisting in the short sale. A short sale may hinder future loans.
Does a pending short sale stop foreclosure?
ProTitleUSA will help you in this matter on a professional level!
Do banks benefit with foreclosure?
Generally, no. Foreclosed property is often in poor condition since the owners did not have the resources, nor sometimes the experience or motivation, to properly maintain the property. Therefore it is often worth much less than the amount owed on the mortgage. The condition deteriorates further when it stands empty for a long period of time. Legal fees relating to the foreclosure can be costly and are often not recovered from the sale of the property or the former owner.
What is the redemption period for Ohio?
The redemption period in Ohio is the time after the sale of the home and before it can get confirmed by the courts. The time will not exceed 30 days and any owing money must be paid before a property can be redeemed.
What happens to the second deed of trust if the first deed of trust is in foreclosure?
Nothing essentially happens to the 2nd deed of trust unless the property actually goes to sale and the foreclosure does not get cured by either the Trustor or the beneficiary of the 2nd deed of trust. In that case the 2nd deed of trust would cease to exist and drop off title at time of the sale of the property.
How much time if any do you have to leave the property after a sheriffs sale we live in Toronto ON Canada.?
In the state of Ohio you have 30 days to vacate the property after a sheriff's sale. If you don't you can be charged with criminal trespassing.
Does an executor get paid for the sale of a property based on time of death value or actual sell price?
The executor normally doesn't get paid based on the sale of property. The law normally allows them to choose a time for the basis of value.
Does an executor have the right to a fee after probate on the sale of a property?
Yes, an executor is entitled to a fee for their services after probate, including the sale of a property. The amount of the fee can vary depending on the laws of the jurisdiction or the terms of the will, but typically, it is a percentage of the estate's value or the proceeds from the property sale.
Can 1 person sell a home if 2 people are on mortgage but 1 signed over the deed?
The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.The owner can sell the property. If one person is on the deed then that person can sell the property. The mortgage must be paid off at the time of the sale. It is not a good idea to transfer your rights in property by a deed if you are still on the mortgage.
What is difference between deed of transfer and agreement for sale?
A deed transfer is where under a contract of sale of property in goods is transferred from the seller to the buyer while agreement for sale is where transfer of property is to take place at a future time or is subject to some conditions to be fulfilled latter.
How can you buy a property at a sheriffs sale?
A sheriff's sale is a public auction of property seized by law enforcement. Typically, a down payment of 10 percent is required at the time of the auction, with the rest due within 30 days.
Is it a fraudulent transfer if the buyer of a forclosed commercial property did not pay the taxes owed for nearly one year?
Payment of delinquent property taxes are governed by state law. In general taxes due on property acquired by foreclosure are due at time of sale. Some states do have laws granting a grace period under specific circumstances. If the law required taxes to be paid at the time of sale, and they weren't, the sale is not valid.
If a property is owned jointly and there is a judgment on one of the owners can the property be sold?
A creditor can force the sale of only the debtor's interest in jointly owned property. However, creditors don't often bother to try to sell a half interest in property.On the other hand, if the joint tenants want to sell the property, the lien must be paid off in order to clear the title so the property can be sold. The lien is generally paid from the proceeds of the sale at the time of the closing.In the case of a tenancy by the entirety, a creditor cannot force the sale of the property for a debt made by one of the tenants by the entirety. If the property must be sold by the owners the lien is generally paid off from the proceeds of the sale at the time of the closing.
Meaning of stop sale in hotel?
It means to halt sales of that accommodation for a certain period of time.
What is an agreement to sell become a sale when the time elapses or the condition is fulfilled subject to which the properties in the goods is to be transferred?
A agreement to sell becomes a sale when the prescribed time elapses or the conditions, subject to which the property in the goods is to be transferred, are fulfilled.
Do I need a license to advertise for sale by owner property?
No, an owner can advertise his property at any time. A real estate license is required if one is being paid a commission to sell a property belonging to someone else.
Can the courts put a lean on someone?
Property-yes. If you owe a creditor & they get a judgment they can garnish or in some cases put a lien on personal property which must be satisfied at the time of sale.
